Avaya Holdings Corp AVYA:NYSE

Last Price$13.99Cboe Real-Time Last Sale as of 1:20PM ET 8/23/19
Cboe Real-Time Quotes
Realtime quote and/or trade prices are not sourced from all markets
Today's Change-0.09(0.64%)
Bid (Size)$13.98 (200)
Ask (Size)$14.00 (300)
Day Low / High$13.82 - 14.15
Volume651.9 K

Market Chatter: Avaya In Talks With Mitel for $20-$22 Per Share Stock Deal

2:02PM ET 4/25/2019 MT Newswires
Avaya (AVYA) is in talks to combine with rival Mitel Networks (MITL) in a stock deal worth more than $2 billion, according to the WSJ, citing people familiar with the situation.

Mitel is offering about $20 to $22 per share, sources said.The deal, they said, is not for certain and Mitel could still face competition, mostly from private-equity firms.

If Avaya and Mitel manage to strike a deal it could happen next month, some of the people said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 19.23, Change: -0.10, Percent Change: -0.52